Eurazeo / 2019 Universal Registration Document

Eurazeo Corporate Social Responsibility Non-financial Performance Statement

ETHICS 3.2.4 Risk prevention and compliance with internal procedures is the responsibilityof everyone within the organization.The internal control system is therefore based on an environment that promotes honest and ethical behavior, particularly through the communication of a certain numberof essential principles, valuesand practices. Eurazeo has a Code of Conduct. It defines the values and principles that must guide the behavior of its employees and the stakeholders with which Eurazeo has a relationship. In particular, the Code covers

certain commercial practices (notably the amount of gifts received from outside), the management of conflicts of interest, the confidentialityof information, respect for persons and private life, data protection, the use of Company assets and the prevention of corruption and influence peddling. Each employee formally undertakes tocomplywith this code. Two issues are covered in greater detail in the following sections: anti-corruption and thefight against taxevasion.

Anti-corruption 3.2.4.1

Description ofmain issuescreating risks and opportunities

RISK FACTORS

RISK ASSESSMENT METHODS

OBJECTIVES

Comply withnational and international anti-corruption laws Unfamiliaritywith applicable lawsandregulations • Lowawareness amongemployeesexposed • to corruption risk Country wherea third party isdomiciledandcountry • wherethe relationship isestablished;typologyof the third party andnatureof the businessrelationship Business sector/third party/location of targets • Adoptanethicalapproach in Eurazeo'sthirdparty businessandrelationships RISK MANAGEMENT Formalization and roll-out ofa Codeof Conduct • Set-up ofa preventionsystem(mapping,third partyassessment,whistleblowingmechanism, training) •

Risk assessment bydocumenting a specific • corruption mapping Country risk assessment in relation to Transparency • International’s Corruption Perceptions Index Assessment of integrity forthirdparties and • of the nature of thebusinessrelationshipwith them

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OBJECTIVES

OPPORTUNITY FACTORS

Guide the behavior of eachstakeholderwith which Eurazeo has a relationship • Support portfolio companies in strengthening their anti-corruption system •

Improvetransparency inbusinessaffairs

a third party assessmentprocess prior to starting up a relationship • or continuingan existing business relationship.These assessments are conducted in proportion to the third party risk profile and the nature of the relationship. This process is designed to classify the nature of the relationship and assess third party integrity by distributingquestionnairesand using a reputation analysis tool, and, where necessary, through extensive due diligences performedby externalexperts; an internal whistleblowing mechanism which, while keeping the • whistleblower’s identity strictly confidential, is designed to signal conduct or situations that may represent a crime, offense, serious or obvious breach of the law or a regulation, serious damage for the generalinterest, or violationsof the Eurazeo Codeof Conduct; an anti-corruption training program which enables Eurazeo • employees to better grasp the regulatory environment and adopt the key proceduresand tools of the preventionsystem. In addition, employees formally renew every year their individual commitment to act in accordance with the values and principles of the Code of Conduct.

Policy appliedat Eurazeo level Eurazeo had adopted a “zero tolerance” approach vis-a-vis active or passive corruption and influence peddling. Eurazeo prohibits all forms of corruption in the conduct of its activities and undertakes to comply with international anti-corruption agreements. This is notably the case for anti-corruption laws in those countries where it has business operationsand particularlythe French Law no. 2016-1691 of December 9, 2016, known as the Sapin II law. This commitment applies toall employees. The Eurazeo Code of Conduct is available on the Company'swebsite. It is the basis of the corruption prevention system built around the eight pillars defined by the French Sapin II Law. By way of illustration, this prevention systemincludes: a risk mapping which identifies and prioritizes corruption risks • in relation to their occurrence and impact. It is used to define the corruption prevention system in proportion to the Company’s specific issues;

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2019 UNIVERSAL REGISTRATION DOCUMENT

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